Zhonggu Logistics, an affiliate of China’s largest domestic liner operator Zhonggu Shipping Group, has purchased a 49% stake in Dongguan Container Terminal.
The company announced on 14 October 2020 that it had bought the share from Singapore-based terminal operator PSA International, without disclosing the price. Dongguan Port Group continues to own the remaining 51% stake in the terminal in Dongguan in China’s Guangdong province.
Zhonggu Logistics explained that the purchase will boost its...
https://container-news.com/zhonggu-logistics-takes-stake-in-dongguan-terminal/